Careers In Finance: Insurance vs. Corporate

Posted By Team iBizExpert On March 19, 2022 09:44 PM Hits: 75

My friends and I have been out of business school for eight years now. That's eight long years since we learned about the law of supply and demand and dreamed of working in the exciting and rewarding field of finance.

We are a group of six people, and even though we all have busy lives, we have all found ways to keep in touch. Who am I kidding? One of the main reasons we've kept in touch is that we help each other make contacts and network. There's nothing like a little school spirit to get things done a little more quickly. Even more so, since most of us work in different parts of the financial industry. Yes, they are different, but I also want to stress that they are linked. It's a very interesting business.

We decided to talk about our jobs while having drinks at a club one day. Most of the talk was about who had the best job. Two of the guys, who were making a name for themselves in insurance, gave their field a big thumbs up. They said that the insurance industry makes more than a trillion dollars a year, which makes it a safe and financially rewarding place to work. The guys said that there are more than 2.5 million people working in insurance as underwriters, salespeople, customer service reps, asset managers, or actuaries. As the guys said, the most important thing right now is to know how to deal with risks and predict trouble spots.

Gregory, who was the smartest of us in school, thought things were different. He worked in a big company as a financial planner. Gregory argued that who has the best job shouldn't be based on how big the industry is, but on how important the job is to the company or clients. Gregory said that his job as a financial planner was important to the future of his company because he planned how much money the company would spend in the future. He said that nothing would move without his OK.

Both of them were right, but I had to think about it for a while before I could answer.

Tags/Keywords: finance, business, jobs

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